Should you choose an RRSP or a TFSA?

The higher your tax rate is, the more it’s to your advantage to contribute to your RRSP. However, if you plan on withdrawing amounts in the short term, consider contributing to your TFSA.

An RRSP is a good option if you want to grow an asset sheltered from tax while benefiting from tax savings when you contribute.

To meet shorter-term life goals, such as buying a car or taking a trip, the TFSA is an appropriate savings vehicle.

Do you have more questions?

Our agents will be pleased to answer any questions you may have at:

1 800 567-3663
Legal Notes
Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus may be obtained on the Website, from a local representative or at the offices of the Fonds de solidarité FTQ. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account income taxes payable by any security holder that would have reduced returns. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.
Prospectus En ( 878 Kb )